Macquarie Picks Top Indian Financial Stocks; Upgrades PB Fintech Outlook

Global brokerage Macquarie named HDFC Bank, Axis Bank, AB Capital, PFC, Shriram Finance, and LIC as its top picks in India’s financial sector, favoring large private banks and select NBFCs for better risk-reward. It also upgraded PB Fintech (Policybazaar) to “neutral” from “underperform” and raised its target price to ₹1,945, projecting a 35% CAGR in revenue from FY24 to FY27. #stockmarket #investing #trading #stocks #investment #finance #money #nifty #forex #sharemarket #investor #invest #financialfreedom #trader #business #stockmarketindia #bitcoin #cryptocurrency #daytrader #stock #stockmarketnews #entrepreneur #nse #bse #sensex #forextrader #daytrading #crypto #wealth #forextrading